Featured Blogs
WCRE April 2024 Newsletter
In the WCRE April 2024 Newsletter, we cover a variety events impacting Philadelphia, South Jersey, New York and U.S. Commercial Real Estate. This month we cover major developments in Philadelphia […]
Read More....Center City Leaders Prioritize Residential Growth Amid Office Slowdown
Since 2021, over 7,000 new residential units have been built in Center City, transforming its daily population over the past five years. The shift has been from office workers to […]
Read More....With the FTC Banning Noncompetes, Businesses Must Adapt Quickly
The Federal Trade Commission has finalized a rule banning noncompete agreements, but businesses and managers shouldn’t rush to discard existing employment contracts. Legal challenges are expected to delay the rule’s […]
Read More....As Retail Shifts to Trendy Urban and Suburban Areas, What About Downtown Districts?
The challenges confronting America’s downtowns often stem from the considerable amount of vacant office space in towering buildings. Yet, another critical aspect of downtown revitalization involves addressing the growing vacancy […]
Read More....Under a New New York Budget Agreement, Unlicensed Cannabis Shops Will Face Closure
New York State is taking a firm stance against retailers and landlords disregarding cannabis regulations. Despite delays in permit issuance resulting in a surge of unlicensed weed shops, Governor Kathy […]
Read More....Investors Eyeing Country Clubs and Golf Courses
Golf’s revival has reignited investor interest in country clubs, as reported by Andy Medici of The Business Journals. Steven Ekovich, Executive Managing Director at LIPG, notes a 66% surge in […]
Read More....City Council Passes Zoning Change to Allow for NYC Casino
The New York City Council paved the way for prospective casino developers by passing a bill on Thursday that permits zoning changes for state-approved gaming facilities. Under this legislation, developers […]
Read More....Citadel Progresses with Park Avenue Tower Plans
Billionaire investor Ken Griffin, founder of hedge fund Citadel, along with developers Vornado Realty Trust and Rudin, are forging ahead with plans to erect a 1.8 million-square-foot office tower on […]
Read More....Four years Later, Office Leasing Shifts Post-Pandemic
Four-plus years post-Covid, office landlords and tenants embrace a new leasing paradigm. Though the shift from in-office to remote work norms is clear, both parties have taken time to adapt. […]
Read More....Neutrogena to Close LA HQ, Shift Operations to NJ
Neutrogena is relocating its Los Angeles headquarters to New Jersey as part of a consolidation effort by its parent company, Kenvue, recently spun off from Johnson & Johnson. Kenvue, based […]
Read More....Adams & Company’s Midtown Buildings Unite Textile Tenants
Adams & Company aims to transform its buildings into specialized hubs, evidenced by recent agreements with textile companies. Principal David Levy emphasizes the allure of specialty buildings, noting their ability […]
Read More....Real Estate Brokers’ Worst Code Violations: From Grow Houses to Hidden Septics
Jaclyn Bild, a broker associate at Douglas Elliman Real Estate in Miami Beach, encountered a challenging situation in March 2023. She listed an Old Spanish-style home in Coral Gables, built […]
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